July 2011

Spain property prices fall 5.2 per cent

Official Spanish residential property price index published by the government reveals that the average price of a home in Spain fell by 5.2 per cent in the second quarter of 2011 compared to the same period last year, illustrating that the market remains weak.

26 July 2011

Over 300,000 new U.S. homes sold in June

It is estimated that around 320,000 new homes in the USA were sold last month, as most developers try to offload more housing stock before starting on new property projects.

26 July 2011

Portuguese property prices continue to fall

Home prices in Portugal fell again in June, albeit at a slower pace, as both national activity and confidence levels declined further, according to the latest RICS/ Ci Portuguese Housing Market Survey (PHMS).

25 July 2011

Rupert's retreats

Where does a man with $7billion, a global empire of newspapers and magazines (but not this one, we hasten to add), and a TV station or ten, go when he's become the news for a change?

25 July 2011

Albania property market is flying high

The Albanian property market is reportedly benefiting from increased flight routes from the UK, according to a senior partner at the Lalzit Bay Resort & Spa in the capital of Tirana.

24 July 2011

Jet2 announce new flights to the Alps

Avid skiers and those with holiday homes in the Alps will be pleased to learn that budget airline Jet2 are launching new routes from Edinburgh and Glasgow to the heart of the Alps in Chambery, Geneva and Salzburg.

22 July 2011

Over 18,000 Spanish homes sold to overseas investors last year

Over 18,000 Spanish homes were sold to overseas property investors last year, a new survey has revealed.

22 July 2011

Canada property boom expected to run out of steam

The Canadian property market is expected to slow over the next few months, which should cause prices to fall, according to a survey of leading economists.

21 July 2011

New major Brazilian 'icon' planned

A proposal to completely transform the abandoned Cais Maua dock area of Porto Alegre in Brazil, which could include the construction of a selection of new homes, has been put forward.

21 July 2011
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